real estate news
Mumbai BMC Opens Civic Land for Private Schools: A Step Towards Education Privatization
The Mumbai Municipal Corporation (BMC) has decided to lease civic land to private educational institutions, marking a significant step towards the privatization of education in the city. This move is expected to boost the city's educational infrastructure and provide new opportunities for students.
Real Estate Pune
Office Space Completions in Q1 2025 Reach 10.7 Million Sq Ft, Down 13% YoY: C&W Report
In the first quarter of 2025, the completion of new office spaces in key cities registered a 13% year-over-year decline, touching 10.7 million square feet. Bengaluru led the GCC leasing with 37%, while Pune and Hyderabad showed significant growth.
Real Estate
Green-Certified Buildings See Surge in Office Leasing—CREDAI-Colliers Report
The real estate sector is increasingly embracing sustainability, with a significant surge in office leasing in green-certified buildings. This trend is paving the way for a more carbon-neutral future, according to a recent report by CREDAI and Colliers.
Real Estate Pune
Office Leasing Surges by 54% in Q1 2023: JLL India Report
Net absorption of office space in top Indian cities witnessed a significant 54% increase in the first quarter of 2023, according to a report by real estate consultancy JLL India. This surge highlights the robust recovery of the commercial real estate market.
Real Estate
Salt Lake and Rajarhat Lead Kolkata's Office Space Leasing in Q1 2025
In the first quarter of 2025, the Salt Lake and Rajarhat areas in Kolkata have emerged as the frontrunners in the city's office space leasing market, capturing 87% of the leasing activity, according to a report by Cushman & Wakefield.
Real Estate
Colliers: Green-Certified Buildings to Dominate Office Leasing Landscape
Colliers International predicts that about 80-85% of office leasing will occur in green-certified buildings, driven by energy savings, rental premiums, and emission reductions.